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Lurker from Mars

09/15/09 9:09 AM

#39112 RE: TheFinalCD #39108

short story...buying pressure so MMs raise the ask before open to anything above yesterdays close and take your money there....then they usually come back down and "fill" the gap...or if you look on a chart you see a candle that covers part of the day befores candle...If they don't fill it, it remains a "gap" until they fill it...

Could be a day, week, month, or "never"....
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deejaesnafu

09/15/09 9:10 AM

#39115 RE: TheFinalCD #39108

just watch the ask before open today. its already up .0013
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owgur

09/15/09 9:19 AM

#39124 RE: TheFinalCD #39108

Yes it is the difference in where the pps (Price per Share) ended yesterday and where it starts today. Naturally and normally it starts where it left off, but on days with buying pressure like today and yesterday they have no choice but to raise the pps.